Total returns on $10,000
Objective
The investment seeks to maximize real return without assuming what the Adviser considers to be undue risk.
The fund invests principally in Treasury Inflation Protected Securities ("TIPS") directly or by gaining indirect exposure to TIPS through derivatives transactions. It invests at least 80% of its net assets in fixed-income securities. The fund may invest up to 15% of its total assets in fixed-income securities rated BB or B or the equivalent by at least one national rating agency (or deemed by the Adviser to be of comparable credit quality), which are not investment grade ("junk bonds").
Profile
| Fund type | Open Ended Investment Company |
|---|---|
| Investment style (bonds) | Credit Quality: Mid Interest-Rate Sensitivity: Mod |
| Morningstar category | Inflation-Protected Bond |
| Launch date | 27/01/2010 |
| Price currency | USD |
| Domicile | United States |
| Symbol | ABNTX |
| Manager & start date | Paul DeNoon 27/01/2010 Douglas Peebles 27/01/2010 Greg Wilensky 27/01/2010 Shawn Keegan 27/01/2010 Rajen Jadav 27/01/2010 |
Investment
| Pricing frequency | Daily |
|---|---|
| Total net assets | 46.13m USDAs of Apr 30 2013 |
| Net expense ratio | 0.45% |
| Front end load | -- |
| Deferred load | -- |
| Redemption fee | -- |
| Min. initial investment | 5,000,000 USD |
| Min. additional investment | -- |
| Initial IRA | -- |
| Additional IRA | -- |
| Available for sale | United States |
Diversification
Asset type
Bond | 98.34% |
|---|---|
Cash | 0.85% |
Other | 0.81% |
US stock | 0.00% |
Non-US stock | 0.00% |
Top 5 sectors
Government | 75.55% |
|---|---|
Corporate Bond | 12.27% |
Asset-Backed | 5.00% |
Commercial Mortgage-Backed | 2.32% |
Non-Agency Residential Mortgage-Backed | 1.75% |
Top 5 Regions
Regional weighting data is unavailable.
Top 5 holdings
| Company | 1 year change | Portfolio weight | Long allocation |
|---|---|---|---|
| US Treasury Note | -- | 11.19% | |
| US Treasury Note 2% | -- | 10.35% | |
| US Treasury Note 2.625% | -- | 6.99% | |
| US Treasury Note | -- | 6.64% | |
| US Treasury Note 1.25% | -- | 5.97% |